Nifty Short-Term View

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#NiftyView:

CMP: 24,847

Key Support Zones:
🔻 24,745 – 24,733
🔻 24,541 – 24,460

Resistance Zones:
🔺 24,941 – 24,950
🔺 25,222

Technical View (for educational purposes only):
If the index manages to hold above the immediate support zone of 24,745 – 24,733, it may attempt a move towards the 24,941 – 24,950 resistance zone.

From this level, there are two possible scenarios:

Sustained move above 24,950 could lead to further upside towards 25,222.

Failure to sustain above 24,950 may trigger a downside move back towards the strong support zone of 24,541 – 24,460.

📍 Watch the support zones closely—they could act as potential reversal areas.

📌 Note: This is a technical analysis-based view shared for educational purposes only. This is not a trading advice. Please do your due diligence.

#TechnicalAnalysis | #Nifty | #Nifty50 |#IndexView

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